Abcourt Mines (ABI) AI Stock Analysis

• Market Cap: C$107.49M
• Dividend Yield: N/A
• Average Volume (3M): 2.11M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.53
• Revenue Growth: -100.00%
• EPS Growth: -7.21%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.01
• Shares Outstanding: 1,131,453,700
• 10 Day Avg. Volume: 2,971,506
• 30 Day Avg. Volume: 2,112,011
• PEG Ratio: 0.12
• Price to Book (P/B): -66.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$0.10 ▼(-6.36% Downside)

The score is primarily weighed down by very weak financial performance (no revenue, persistent losses, negative equity, and heavy cash burn). Technicals provide partial support due to a strong uptrend above moving averages, but overbought indicators raise near-term risk. Valuation remains constrained by negative earnings and no dividend yield data.

Positive Factors

Tangible asset base

Maintained tangible assets provide recoverable value and collateral that support financing, joint-venture or asset-sale options. Over a 2–6 month horizon, this improves the company’s ability to secure non-dilutive funding or structured deals to advance exploration or restart operations.

Existing mine infrastructure

Owning the Sleeping Giant mine and related infrastructure reduces the capital and time required to resume production compared with greenfield projects. This structural advantage makes the asset more attractive to partners, contractors, or offtakers and shortens potential ramp-up timelines.

Clear monetization pathway (gold)

A direct production-to-sales business model means that resuming mining creates an immediate and straightforward revenue mechanism. As a gold-focused company, production restart would enable predictable metal monetization streams and clearer project economics for financiers and partners.

Negative Factors

No revenue, ongoing losses

The absence of revenue and recurring operating losses signal the company is not self-sustaining. Over months this limits internal funding for exploration or development, increases dependence on external capital, and creates execution risk for project timelines and commitments.

Negative equity & leverage

Negative equity and meaningful debt relative to assets weaken balance-sheet flexibility and raise refinancing and covenant risk. This structural leverage constraint can increase financing costs or force dilutive capital raises, hindering long-term project advancement.

Persistent negative cash flow

Sustained negative operating and free cash flows create short- to medium-term liquidity pressure. Reliance on external financings raises execution risk, may dilute shareholders, and can delay exploration or restart plans if market access or partner deals are limited.

Abcourt Mines Business Overview & Revenue Model

Company Description

Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver, copper, and zinc ores, as well as diamond deposits. The company holds a 100% interest in the Elder Mine and Tagami Property located near Rouyn-Noranda; the Abcourt-Barvue and Vendome silver-zinc projects located at Barraute; Aldermac property located near Rouyn-Noranda; and the Jonpol property located near Amos, Quebec. It also holds a 100% interest in the Sleeping Giant mine located in Abitibi; and the Discovery-Flordin gold project located in the north-west of Lebel-sur-Quévillon, Quebec. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada.

How the Company Makes Money

Abcourt Mines Inc. generates revenue through the extraction and sale of precious metals, primarily gold and silver, from its mining operations. The company's key revenue streams include the sale of gold and silver produced at its mining sites. Additionally, Abcourt Mines may engage in strategic partnerships and joint ventures to enhance its mining capabilities and expand its resource base, contributing to revenue growth. The company also focuses on cost-effective mining practices to maximize profitability and shareholder returns.

Abcourt Mines Financial Statement Overview

Summary

Income statement shows no revenue and sizable, worsening losses. Balance sheet is stressed with negative shareholder equity and meaningful debt versus assets, limiting flexibility and raising financing risk. Cash flow remains deeply negative, indicating ongoing cash burn and reliance on external funding.

Income Statement

Operating performance is very weak. In TTM (Trailing-Twelve-Months), the company reported no revenue and sizable losses (gross loss, operating loss, and net loss), indicating the business is not currently generating sales to absorb fixed costs. Results have also deteriorated versus prior periods (e.g., 2024 annual showed very small revenue with deep losses, and the latest annual period shows zero revenue again), pointing to an unstable earnings profile with limited visibility on a near-term turnaround.

Balance Sheet

Financial position is stressed, highlighted by negative shareholder equity in both the latest annual and TTM (Trailing-Twelve-Months) periods, which reduces balance-sheet flexibility and increases financing risk. Debt is meaningful (TTM total debt ~$16.0M) against a modest asset base (TTM total assets ~$31.8M), and the negative equity also makes leverage ratios difficult to interpret in a healthy way. A positive factor is that the company still reports a tangible asset base, but the capital structure remains a key overhang.

Cash Flow

Cash generation is weak and consistently negative. TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both deeply negative, signaling ongoing cash burn and continued reliance on external funding. While free cash flow growth is reported as positive in TTM, the absolute level of free cash flow remains substantially negative, so liquidity pressure appears elevated until operations improve or financing is secured.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	265.12K	7.01M	20.39M	27.59M
Gross Profit	-5.39M	-545.55K	-338.00K	2.78M	-2.41M	3.43M
EBITDA	-18.72M	-15.43M	-10.36M	-4.82M	-19.48M	4.92M
Net Income	-20.10M	-14.42M	-11.59M	-5.34M	-21.62M	2.42M
Balance Sheet
Total Assets	31.81M	21.41M	14.06M	17.40M	12.29M	31.79M
Cash, Cash Equivalents and Short-Term Investments	594.36K	2.58M	757.75K	963.97K	720.51K	2.45M
Total Debt	16.03M	2.28M	1.32M	1.85M	2.48M	1.93M
Total Liabilities	37.30M	22.01M	20.35M	19.27M	15.41M	15.05M
Stockholders Equity	-5.49M	-599.53K	-6.28M	-1.87M	-3.13M	16.73M
Cash Flow
Free Cash Flow	-28.14M	-17.94M	-10.40M	-664.31K	-3.94M	-2.59M
Operating Cash Flow	-21.27M	-17.53M	-10.16M	-79.64K	-1.96M	5.12M
Investing Cash Flow	-10.30M	232.77K	3.64M	-477.14K	-1.98M	-7.12M
Financing Cash Flow	31.36M	19.12M	6.31M	800.25K	2.21M	2.49M

Abcourt Mines Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ABI, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.11, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.59 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ABI.

Abcourt Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ECR	55 Neutral	C$115.12M	-8.10	-32.54%	―	―	-661.70%
LIO	51 Neutral	C$141.00M	-89.29	-0.57%	―	160.50%	96.56%
MGM	50 Neutral	C$156.05M	-25.34	-91.76%	―	―	16.91%
VEIN	50 Neutral	C$128.38M	-5.42	―	―	―	―
ABI	47 Neutral	C$107.49M	-4.71	―	―	-100.00%	-7.21%
ESM	47 Neutral	C$131.10M	-25.00	―	―	―	-77.78%

Abcourt Mines Corporate Events

Abcourt Mines Strengthens Executive Team With New VP for Communications and Corporate Development

Abcourt Mines Inc. has appointed long-time strategic partner Dany Cenac Robert as Vice-President, Communications and Corporate Development, strengthening its management team as it advances gold projects in Quebec. With more than two decades of experience in strategic communications, financial markets, and corporate growth, including key roles at several mining companies and expertise in mergers and acquisitions, investor relations and financial communications, Cenac Robert will oversee strategic communications, investor and stakeholder relations, corporate development and growth strategy, and strategic advisory, a move expected to bolster Abcourt’s positioning and support its progression toward key milestones at its Sleeping Giant and Flordin assets.

The most recent analyst rating on (TSE:ABI) stock is a Hold with a C$0.11 price target. To see the full list of analyst forecasts on Abcourt Mines stock, see the TSE:ABI Stock Forecast page.

Abcourt Mines Secures US$30 Million Glencore Financing and Long-Term Offtake for Sleeping Giant

Abcourt Mines has closed a senior secured debenture financing of up to US$30 million and an associated offtake agreement with commodities giant Glencore, securing a long‑term buyer for 100% of the gold and silver dore from its Sleeping Giant mine for at least six years. The deal, which immediately delivers US$18.125 million with an additional US$11.875 million available in late 2026 or early 2027, will be used to refinance higher‑cost debt, fund exploration and key capital expenditures at Sleeping Giant, and bolster working capital, while Glencore gains offtake and financing rights over other Abcourt projects and a large package of warrants and investor rights that deepen its strategic influence. The structure, including a second‑ranking security interest over Abcourt’s assets and Glencore’s right to participate in future equity financings, underpins a longer‑term partnership that management says should accelerate development of projects like Flordin, Barvue and Aldermac, strengthen Abcourt’s balance sheet and enhance visibility for shareholders on future financing and market access.

The most recent analyst rating on (TSE:ABI) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Abcourt Mines stock, see the TSE:ABI Stock Forecast page.

Abcourt Advances Underground Work and Output at Sleeping Giant Mine Despite Holiday Mill Pause

Abcourt Mines reported steady progress in underground development and rehabilitation at its Sleeping Giant mine in Quebec during the quarter and month ended December 2025, despite a holiday-related pause at the ore processing plant from December 22 to January 5. The company advanced stope development, continued recruitment, and achieved year-to-date metrics of 11,039 metres of diamond drilling, 2,606 metres of drift rehabilitation, 361 metres of underground development, and 9,163 tonnes milled at an average head grade of 6.1 g/t, resulting in 1,711 ounces of gold produced and 863 ounces poured, with 849 ounces of gold remaining in circuit and additional silver by-product sales. Management highlighted that ongoing underground work is laying the groundwork for future stope extraction and noted collaboration with partner Glencore on closing the first tranche of a planned US$30 million investment, underlining the project’s continuing ramp-up and the financial support underpinning its development trajectory.

The most recent analyst rating on (TSE:ABI) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Abcourt Mines stock, see the TSE:ABI Stock Forecast page.

Abcourt Mines Strengthens Leadership Team as Sleeping Giant Mine Returns to Production

Abcourt Mines has appointed mining engineer and former director Loïc Bureau as Chief Operating Officer, prompting his resignation from the board so he can fully focus on the company’s operations, including the recently restarted Sleeping Giant mine. Bureau brings more than two decades of international mining operations and leadership experience, including previous roles at Pershimco Resources and as chairman of Pershimex Resources, where he oversaw the merger with Abcourt, while a new chairman, Noureddine Mokaddem, has been named to lead the board. Management presents these moves as a key step to support Abcourt’s growth, the ramp-up of production at Sleeping Giant and its broader exploration strategy in Abitibi, and notes that negotiations with Glencore for up to US$30 million in senior debt financing and a production purchase agreement are progressing toward a final agreement, potentially strengthening Abcourt’s funding and offtake profile.

The most recent analyst rating on (TSE:ABI) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Abcourt Mines stock, see the TSE:ABI Stock Forecast page.

Abcourt Mines Secures Up to US$30 Million Glencore Financing and Long-Term Offtake Deal

Abcourt Mines Inc. has signed a binding term sheet with Glencore AG for up to US$30 million in senior debt financing, along with an associated offtake agreement covering future gold, silver and other mineral production. The two-tranche facility will allow Abcourt to refinance higher-cost debt, fund exploration and capital expenditures at its Flordin project, and bolster working capital, while Glencore receives warrants, participation rights in future equity financings and broad offtake and first-refusal rights over production from Abcourt’s key assets, including all dore from the Sleeping Giant Mine and future output from Flordin-Cartwright. The arrangement is expected to lower Abcourt’s cost of capital, extend debt maturities and secure a long-term sales channel for its metals, potentially strengthening the company’s balance sheet and accelerating development timelines, subject to final documentation and regulatory approvals.

Abcourt Mines Secures Up to US$30 Million Glencore Financing and Long-Term Offtake Deal

Abcourt Mines has signed a binding term sheet with Glencore AG for up to US$30 million in senior debt financing and a related offtake agreement, providing funds in two tranches to refinance higher-cost debt, support exploration and capital expenditures at the Flordin project, and bolster working capital. The package, which also grants Glencore warrants, participation rights in future equity financings, and long-term rights to purchase production from the Sleeping Giant Mine and other Abcourt properties, is expected to lower Abcourt’s cost of capital, secure a key marketing channel for its future gold, silver and other mineral output, and strengthen its strategic positioning ahead of anticipated production growth, subject to regulatory and closing conditions.

Abcourt Mines Reports November Progress at Sleeping Giant Mine

Abcourt Mines Inc. provided an operations update for November concerning its Sleeping Giant Mine project, highlighting progress in workforce expansion and workplace development. Challenges related to sequencing during startup impacted throughput, but the company emphasized improved mill recovery and head grade. Additionally, Abcourt announced its recognition at the Mines and Money conference as one of the best mining projects globally, aiming to raise investor awareness and solidify its industry positioning. A notable collaboration with Technica Mining will further develop skilled labor for long-term growth, indicating strategic efforts to foster both operational and workforce development.

Abcourt Mines Announces Successful Shareholders Meeting and Leadership Appointments

Abcourt Mines Inc. announced the successful results of its Annual Shareholders Meeting, with all resolutions receiving over 94% approval. The meeting saw the election of board nominees and the reappointment of Raymond Chabot Grant Thornton as auditors. Noureddine Mokaddem was appointed as the new Chairman of the Board, while other key officers retained their positions, signaling stability and continuity in the company’s leadership.

Abcourt Mines Reports Q1 Loss and Engages Red Cloud for Market-Making

Abcourt Mines Inc. reported a significant net loss for the first quarter ending September 30, 2025, primarily due to costs associated with the development of the Sleeping Giant mine and other operational expenses. The company has engaged Red Cloud Securities to provide market-making services to improve the liquidity of its common shares, with the aim of maintaining a reasonable market presence.

Abcourt Mines Reports Progress at Sleeping Giant Mine, Boosts Hiring and Marketing Efforts

Abcourt Mines Inc. has provided an update on its October 2025 operations at the Sleeping Giant mine in Quebec. The company reported milling 2,563 tonnes with a mill head grade of 6.0 g/t, achieving a recovery rate of 95.6%, and producing 475 ounces of gold. Abcourt is actively hiring to increase mill feed volume and has received a custom milling permit to discuss processing third-party materials. The company has increased its diamond drill rigs and is focusing on underground development and shaft station rehabilitation. Abcourt is also enhancing its communication and marketing efforts by participating in various mining conferences and creating promotional materials to attract investors.

Abcourt Mines Prepares for Annual Shareholder Meeting Amid Postal Disruption

Abcourt Mines Inc. has announced arrangements for its upcoming annual meeting of shareholders, scheduled for December 10, 2025, in Montreal, Quebec. Due to a potential Canada Post service disruption, the company has provided alternative options for shareholders to access meeting materials and vote. These include electronic access to documents and extended deadlines for proxy submissions. The meeting will address annual matters such as receiving financial statements, electing directors, and appointing auditors.